Скачать или смотреть Iran America War Impact On Oil Price | War News | Iran Isreal War | Odia News

Middle East Conflict Triggers Global Fuel & Edible Oil Price Hike

The ongoing war in the Middle East has sent shockwaves through the global economy. Crude oil prices have surged by 28%, reaching a staggering $110 per barrel. This spike is already reflecting in the prices of daily essentials, including Petrol, Diesel, and Edible Oils.

Key Highlights of the Crisis:

Crude Oil Surge: Prices have hit $110 per barrel, a significant 28% increase.

Impact on Petrol & Diesel: Fears of a massive price hike across India as procurement costs rise.

Edible Oil Price Hike: Cooking oil is getting costlier. Palmolein oil has increased by ₹5/liter, and Sunflower oil has seen a jump of ₹3/liter.

India’s Strategic Reserve: India currently holds 4,000 crore liters of oil in stock, which is sufficient to meet the nation's demand for approximately 50 to 60 days.

Is India prepared for a long-term fuel crisis? How will this impact your monthly budget? Watch the full analysis to understand the ground reality of the oil market.

#OilPriceHike #PetrolDieselPrice #MiddleEastWar #CrudeOil #EconomyNews #IndiaOilReserve #inflation #news18odia #odianews

Welcome to News18 Odia, your go-to destination for the latest news and updates from across India and beyond. As one of Odishas premier news channels, we strive to keep you informed with live coverage and breaking news as it happens.

News18 ଓଡ଼ିଆ ହେଉଛି ଓଡି଼ଶାର ଅଗ୍ରଣୀ ନ୍ୟୁଜ ଚ୍ୟାନେଲ ଭିତରୁ ଗୋଟିଏ । ଓଡି଼ଶାର ସବୁ ଗୁରୁତ୍ବପୂର୍ଣ୍ଣ ଖବର ଆପଣ ଏହି ଚ୍ୟାନେଲ ମାଧ୍ୟମରେ ପାଇପାରିବେ ।

Download our News18 Mobile App - https://onelink.to/desc-youtube

Please visit our website https://bit.ly/2YaikeJ for the latest opinions and detailed news coverage.

Follow us on
Facebook:   / news18odia  
Twitter: https://twitter.com/news18odia?lang=en
Website: https://bit.ly/2YaikeJ

Subscribe to our channel to get the latest news and updates https://tinyurl.com/y46bt2fm

ID_OD_AJ